Yanmei Xie

Yanmei Xie, senior associate fellow and expert on Chinese political economy, explains China’s fierce export-driven competition. She outlines creeping deflation, collapsing profit margins and 'involution' as cutthroat price wars. Discussion covers local subsidies, AI and EV overcapacity, anti-involution measures like consolidation and centralised investment, and how export controls and Western pressure reshape supply chains.

The podcast discusses Chinese overcapacity in the EV sector, exploring government shaping industrial policy, competition in semiconductor chips and airliners, and market perceptions on Chinese aviation products.